Bandwidth Cost Of Revenue vs Research Development Analysis

BAND Stock  USD 18.20  0.09  0.49%   
Bandwidth financial indicator trend analysis is way more than just evaluating Bandwidth prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Bandwidth is a good investment. Please check the relationship between Bandwidth Cost Of Revenue and its Research Development accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bandwidth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.

Cost Of Revenue vs Research Development

Cost Of Revenue vs Research Development Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Bandwidth Cost Of Revenue account and Research Development. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Bandwidth's Cost Of Revenue and Research Development is 0.91. Overlapping area represents the amount of variation of Cost Of Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of Bandwidth, assuming nothing else is changed. The correlation between historical values of Bandwidth's Cost Of Revenue and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cost Of Revenue of Bandwidth are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Cost Of Revenue i.e., Bandwidth's Cost Of Revenue and Research Development go up and down completely randomly.

Correlation Coefficient

0.91
Relationship DirectionPositive 
Relationship StrengthVery Strong

Cost Of Revenue

Cost of Revenue is found on Bandwidth income statement and represents the costs associated with goods and services Bandwidth provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Research Development

Most indicators from Bandwidth's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Bandwidth current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bandwidth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.At present, Bandwidth's Enterprise Value is projected to increase significantly based on the last few years of reporting.
 2021 2022 2024 (projected)
Gross Profit218.5M238.4M151.1M
Total Revenue490.9M573.2M354.2M

Bandwidth fundamental ratios Correlations

0.890.910.860.920.94-0.640.660.940.76-0.390.710.760.920.690.710.910.850.980.970.910.890.650.90.970.58
0.890.820.810.740.95-0.760.880.840.94-0.540.920.630.980.680.620.790.710.890.860.780.790.621.00.80.39
0.910.820.970.760.86-0.770.580.810.75-0.660.670.590.850.710.480.720.680.860.930.70.720.290.830.840.6
0.860.810.970.650.81-0.790.610.80.79-0.650.740.480.820.780.510.690.590.840.870.660.710.230.820.750.48
0.920.740.760.650.87-0.390.540.880.55-0.150.530.810.830.480.730.890.880.870.880.930.880.730.770.990.7
0.940.950.860.810.87-0.750.770.880.88-0.470.820.630.990.640.630.830.740.920.950.830.830.660.960.90.65
-0.64-0.76-0.77-0.79-0.39-0.75-0.54-0.54-0.860.79-0.71-0.16-0.75-0.65-0.16-0.4-0.28-0.63-0.75-0.33-0.41-0.17-0.76-0.47-0.45
0.660.880.580.610.540.77-0.540.640.88-0.380.940.420.850.420.630.590.480.70.590.680.620.570.860.580.22
0.940.840.810.80.880.88-0.540.640.73-0.190.740.70.870.810.820.950.820.970.890.930.980.70.860.920.48
0.760.940.750.790.550.88-0.860.880.73-0.580.960.340.920.660.520.610.450.80.780.620.650.50.940.620.38
-0.39-0.54-0.66-0.65-0.15-0.470.79-0.38-0.19-0.58-0.44-0.2-0.49-0.370.23-0.1-0.2-0.3-0.47-0.03-0.060.25-0.53-0.25-0.2
0.710.920.670.740.530.82-0.710.940.740.96-0.440.350.880.660.640.630.460.780.680.660.70.530.910.590.26
0.760.630.590.480.810.63-0.160.420.70.34-0.20.350.620.410.520.810.980.690.640.770.720.580.650.830.24
0.920.980.850.820.830.99-0.750.850.870.92-0.490.880.620.630.660.810.720.910.910.830.820.650.980.860.58
0.690.680.710.780.480.64-0.650.420.810.66-0.370.660.410.630.510.680.560.760.70.560.740.310.690.580.15
0.710.620.480.510.730.63-0.160.630.820.520.230.640.520.660.510.80.630.790.60.880.860.780.630.730.32
0.910.790.720.690.890.83-0.40.590.950.61-0.10.630.810.810.680.80.90.920.830.940.970.750.810.910.4
0.850.710.680.590.880.74-0.280.480.820.45-0.20.460.980.720.560.630.90.810.750.860.840.650.730.90.33
0.980.890.860.840.870.92-0.630.70.970.8-0.30.780.690.910.760.790.920.810.940.930.920.710.910.930.49
0.970.860.930.870.880.95-0.750.590.890.78-0.470.680.640.910.70.60.830.750.940.820.820.570.880.930.68
0.910.780.70.660.930.83-0.330.680.930.62-0.030.660.770.830.560.880.940.860.930.820.930.810.80.940.48
0.890.790.720.710.880.83-0.410.620.980.65-0.060.70.720.820.740.860.970.840.920.820.930.730.810.890.45
0.650.620.290.230.730.66-0.170.570.70.50.250.530.580.650.310.780.750.650.710.570.810.730.640.690.32
0.91.00.830.820.770.96-0.760.860.860.94-0.530.910.650.980.690.630.810.730.910.880.80.810.640.820.43
0.970.80.840.750.990.9-0.470.580.920.62-0.250.590.830.860.580.730.910.90.930.930.940.890.690.820.64
0.580.390.60.480.70.65-0.450.220.480.38-0.20.260.240.580.150.320.40.330.490.680.480.450.320.430.64
Click cells to compare fundamentals

Bandwidth Account Relationship Matchups

Bandwidth fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets341.4M890.6M1.1B929.3M1.1B576.4M
Other Current Liab27.3M63.1M65.9M62.6M69.0M44.9M
Total Current Liabilities45.7M92.2M93.5M114.0M122.8M75.2M
Total Stockholder Equity270.1M429.9M412.6M272.2M297.4M228.5M
Other Liab5.7M68.8M62.0M57.8M66.4M69.8M
Net Tangible Assets256.7M(190.4M)(143.0M)(231.6M)(208.4M)(198.0M)
Property Plant And Equipment Net62.7M71.1M83.7M109.7M335.4M352.1M
Current Deferred Revenue9.3M11.9M12.6M17.2M14.1M10.7M
Net Debt(160.3M)232.8M171.8M379.0M512.2M537.8M
Retained Earnings(5.5M)(49.5M)(76.9M)(48.5M)(64.9M)(68.1M)
Accounts Payable4.2M11.7M9.1M26.8M34.2M35.9M
Cash185.0M72.2M331.5M113.6M132.3M113.7M
Non Current Assets Total114.5M697.0M652.7M649.7M852.4M895.0M
Non Currrent Assets Other1.5M5.6M13.3M36.2M14.3M9.5M
Other Assets38.3M25.1M13.3M36.2M41.6M22.2M
Cash And Short Term Investments185.0M112.2M331.5M184.9M153.8M132.1M
Net Receivables30.2M55.2M61.6M74.5M78.2M45.8M
Common Stock Total Equity17K19K24K25K28.8K21.7K
Common Stock Shares Outstanding23.9M24.1M25.1M30.9M25.6M23.8M
Liabilities And Stockholders Equity341.4M890.6M1.1B929.3M1.1B576.4M
Non Current Liabilities Total25.6M368.5M559.4M543.1M680.9M714.9M
Capital Surpluse275.6M451.5M502.5M364.9M419.6M255.5M
Other Current Assets11.8M66.2M19.9M15.7M16.7M19.4M
Other Stockholder Equity275.6M451.5M502.5M364.9M391.0M284.6M
Total Liab71.3M460.7M652.9M657.1M803.7M843.8M
Deferred Long Term Liab2.0M61.0M4.7M38.5M44.2M46.4M
Property Plant And Equipment Gross62.7M71.1M83.7M109.7M433.6M455.3M
Total Current Assets226.9M193.6M412.9M279.6M248.6M192.9M
Accumulated Other Comprehensive Income41K27.9M(13.0M)(44.2M)(28.8M)(27.4M)
Short Term Debt4.9M5.5M5.8M7.5M5.5M5.2M
Intangible Assets6.6M248.1M211.2M177.4M166.9M103.1M
Common Stock17K19K24K25K26K22.5K
Property Plant Equipment62.7M71.1M83.7M109.7M126.2M132.5M
Non Current Liabilities Other25.6M25.3M6.0M11.2M386K366.7K
Retained Earnings Total Equity(5.5M)(49.5M)(76.9M)(48.5M)(43.7M)(45.9M)

Pair Trading with Bandwidth

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bandwidth position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bandwidth will appreciate offsetting losses from the drop in the long position's value.

Moving against Bandwidth Stock

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The ability to find closely correlated positions to Bandwidth could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bandwidth when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bandwidth - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bandwidth to buy it.
The correlation of Bandwidth is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bandwidth moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bandwidth moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bandwidth can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Bandwidth is a strong investment it is important to analyze Bandwidth's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bandwidth's future performance. For an informed investment choice regarding Bandwidth Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bandwidth. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Bandwidth Stock refer to our How to Trade Bandwidth Stock guide.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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Is Bandwidth's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bandwidth. If investors know Bandwidth will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bandwidth listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.64)
Revenue Per Share
23.469
Quarterly Revenue Growth
0.054
Return On Assets
(0.02)
Return On Equity
(0.06)
The market value of Bandwidth is measured differently than its book value, which is the value of Bandwidth that is recorded on the company's balance sheet. Investors also form their own opinion of Bandwidth's value that differs from its market value or its book value, called intrinsic value, which is Bandwidth's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bandwidth's market value can be influenced by many factors that don't directly affect Bandwidth's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bandwidth's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bandwidth is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bandwidth's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.